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Growth

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World growth to slump in 2009

by Staff Reporter • 10 Dec 2008
The World Bank has revised down its forecasts for world economic growth and predicts a gloomy outlook for 2009. READ MORE
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Labour market continues to deteriorate

by Staff Reporter • 10 Dec 2008
The labour market continued to soften in November with job seekers facing increased competition for positions,... READ MORE
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New year rate cut far from certain

by Staff Reporter • 10 Dec 2008
The RBA will not rush into any further cash rate reductions without giving the most recent cuts time to take effect. READ MORE
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Stimulus package could miss the mark

by Staff Reporter • 9 Dec 2008
The impact the Rudd government’s stimulus package will have on the economy could be limited with only a minority... READ MORE
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US market rallies on Obama public investment pledge

by Staff Reporter • 9 Dec 2008
The United States will benefit from the biggest public-works spending package in half a century next year as the... READ MORE
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Lending growth defies tough times

by Staff Reporter • 9 Dec 2008
Despite hard economic conditions mortgage lending continues to grow at an annual rate of around ten per cent,... READ MORE
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Members Equity seeks alliances to boost market share

by Staff Reporter • 8 Dec 2008
Members Equity Bank has entered into preliminary discussions to form strategic alliances with other lenders with view... READ MORE
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Property market still quiet

by Staff Reporter • 8 Dec 2008
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UK rates slashed to lowest in 70 years

by Staff Reporter • 5 Dec 2008
English rates have fallen to their lowest level since 1939 as the Bank of England battles recession. READ MORE
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Challenger refines operations

by Staff Reporter • 4 Dec 2008
Challenger Mortgage Management has announced further restructuring that will see Alex Moulieris move to a non... READ MORE